Textile
VIEWPOINT: Are retailers responsible for non-compliant factories?
Thu, 11 Mar 2010 17:27:00 GMT
The Bangladeshi apparel industry has a lamentable track record when it comes to factory safety, especially fires. But where does the industry draw the line when it comes to apportioning blame to retailers and buyers?
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BANGLADESH: Unions urge safety overhaul after factory fire
Thu, 11 Mar 2010 17:06:00 GMT
Workers unions and international labour-rights organisations are demanding an overhaul of safety regulations in the Bangladesh apparel industry after a fire killed 21 people at a garment factory at the end of last month.
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US: Hot Topic Q4 profit down as sales slide
Thu, 11 Mar 2010 14:39:00 GMT
Pop-inspired apparel retailer Hot Topic posted a 44% decline in fourth quarter profit to US$8m after experiencing a double-digit sales decline.
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US: Men's Wearhouse posts Q4 loss as sales fall
Thu, 11 Mar 2010 15:10:00 GMT
Retailer Men's Wearhouse posted a fourth quarter loss of US$18.9m, impacted by a 4% sales decline.
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US: Gymboree to expand into Middle East
Thu, 11 Mar 2010 15:18:00 GMT
Retailer Gymboree is expanding into the Middle East after signing its first retail franchise agreement, with Azadea G Group.
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ANALYSIS: Warnaco secures channels for Calvin Klein growth
Thu, 11 Mar 2010 15:59:00 GMT
Swimwear giant The Warnaco Group is snapping up distributor operations in popular markets for its Calvin Klein brand, it told investors this week.
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US: Gymboree posts 12.5% rise in Q4 profit
Thu, 11 Mar 2010 14:37:00 GMT
Children's apparel retailer The Gymboree Corporation has posted a 12.5% rise in fourth quarter profit, helped by higher sales and control of its markdowns.
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US: Hibbett Sports promotes Rosenthal to CEO
Thu, 11 Mar 2010 13:35:00 GMT
Sporting goods retailer Hibbett Sports Inc has named its chairman and chief executive officer Mickey Newsome as the new executive chairman of the company.
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US: Tradecard screens transactions against watch lists
Thu, 11 Mar 2010 14:14:00 GMT
Supply chain platform TradeCard is helping its customers monitor their trading partners against international watch lists by scanning each transaction at three different points.
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UK: John Lewis cautious despite 10% FY profit hike
Thu, 11 Mar 2010 13:16:00 GMT
UK retail giant John Lewis Partnership remains cautious about the prospects for 2010, despite reporting a 9.7% rise in underlying full-year pre-tax profit to GBP306.6m (US$461.4m).
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US: Heelys reducing SKUs as losses continue
Thu, 11 Mar 2010 12:27:00 GMT
Footwear specialist Heelys has moved to "significantly reduce" the number of SKUs it sells through retail channels after posting another loss in the last quarter of 2009.
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VIEWPOINT: American Eagle to soar without Martin+Osa
Thu, 11 Mar 2010 13:07:00 GMT
Teen apparel retailer American Eagle Outfitters is going back to its roots after deciding to ditch its struggling men's and women's concept Martin+Osa.
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VIETNAM: Footwear leads struggling exports to UK
Thu, 11 Mar 2010 10:26:00 GMT
Vietnamese exports to the UK have been hit hard by the global economic turmoil during fiscal 2009, but footwear continues to be the leading category.
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SWITZERLAND: US requests India textile export probe
Thu, 11 Mar 2010 10:05:00 GMT
The US has requested that the World Trade Organization (WTO) examine whether Indian textiles and apparel exports are within the threshold that exempts some poor nations from strict rules that ban the provision of export subsidies.
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US: American Eagle Outfitters Q4 profit soars 81%
Wed, 10 Mar 2010 18:21:00 GMT
Higher sales and lower markdowns of its teen clothing and accessories have combined to end the fourth quarter on a high note for retailer American Eagle Outfitters Inc.
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COMMENT: An insight to fashion blogging
Wed, 10 Mar 2010 18:40:00 GMT
Whether they are posting London Fashion Week catwalk images straight from their Blackberry's or drooling over the latest pair of Balenciaga wedges, bloggers are becoming an important voice in the new generation of style.
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NEW ZEALAND: Rembrandt Suits finds fashion tool fit
Wed, 10 Mar 2010 15:27:00 GMT
A reduction in operating costs and improved visibility of key manufacturing and supply chain information are just some of the benefits claimed by men's wear maker Rembrandt Suits after investing in new enterprise resource planning (ERP) software.
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FINLAND: Esprit buys sales agency to speed growth
Wed, 10 Mar 2010 15:35:00 GMT
Hong Kong-based fashion retail group Esprit Holdings has taken over its sales agency in Finland in a move intended to speed up its expansion in the country.
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US: Stage Stores books 9.9% rise in Q4 profit
Wed, 10 Mar 2010 15:29:00 GMT
Apparel and footwear retailer Stage Stores Inc has beaten expectations with a 9.9% rise in fourth quarter profit, offsetting lower sales with tight control over inventories and costs.
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US: Madonna clothing range to hit Macy's stores
Wed, 10 Mar 2010 15:33:00 GMT
A much-speculated clothing collection by Madonna will hit Macy's stores in August after the pop star struck a joint venture deal with Iconix Brand Group.
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ANALYSIS: Foot Locker unveils new expansionist strategy
Wed, 10 Mar 2010 14:30:00 GMT
Retailer Foot Locker is poised to enter a new era of expansion, vowing to grow annual sales by 25% to US$6bn over the next five years.
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VIETNAM: Naf Naf opens first Vietnamese store
Wed, 10 Mar 2010 12:36:00 GMT
French fashion brand Naf Naf Paris opened a flagship store in the centre of Ho Chi Minh city last week, the company's first store in Vietnam.
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US: American Eagle to shutter Martin+Osa
Wed, 10 Mar 2010 11:56:00 GMT
American Eagle Outfitters has announced plans to close down its loss-making Martin+Osa business after it failed to justify further investment.
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US: Collective Brands cuts Q4 loss as margins rise
Wed, 10 Mar 2010 12:28:00 GMT
Footwear retailer Collective Brands saw its fourth quarter loss narrow to US$10.9m, compared to $144m last year, as an improved customer focus led to fatter margins.
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US: J Crew returns to Q4 profit as sales surge
Wed, 10 Mar 2010 12:50:00 GMT
Casual apparel company J Crew returned to the black in the fourth quarter with a net profit of US$40.4m, boosted by a double-digit revenue surge.
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US: Neiman Marcus swings to Q2 profit
Wed, 10 Mar 2010 13:01:00 GMT
Upscale department store retailer Neiman Marcus Inc has swung to a second quarter profit, helped by easy comparisons with the year-ago period and a return of high-spending shoppers to its stores.
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UK: Dawson Q2 overshadowed by pension deficit
Wed, 10 Mar 2010 13:04:00 GMT
Scottish cashmere firm Dawson International Plc has delivered what it describes as a "satisfactory" full year, helped by a strong performance from its knitwear divisions, but said an increase in pension liabilities represents a challenge for the company.
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PAKISTAN: Strike threatened over cotton quotas
Wed, 10 Mar 2010 12:26:00 GMT
The All Pakistan Textile Mills Association (APTMA) has threatened a nationwide strike to protest against quota restrictions on exports of cotton yarns.
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Global news roundup
Tue, 09 Mar 2010 18:21:00 GMT
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
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US: Frederick's of Hollywood narrows losses
Tue, 09 Mar 2010 17:22:00 GMT
Women's intimate apparel firm Frederick's of Hollywood Group has posted a narrowed loss for the second quarter, helped by expense reductions and the closure of underperforming stores.
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US: Dick's Sporting Goods swings to Q4 profit
Tue, 09 Mar 2010 17:38:00 GMT
Sports apparel, footwear and equipment retailer Dick's Sporting Goods Inc has swung to a fourth quarter profit, helped by higher sales and tight control over costs and inventories.
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COMMENT: Cotton dispute shows trade frailties
Tue, 09 Mar 2010 17:48:00 GMT
The global importance of cotton trade has been underlined by a subsidies spat between the US and Brazil today (9 March).
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US: Gap Inc rolls out new fulfilment system
Tue, 09 Mar 2010 16:33:00 GMT
Gap Inc has deployed a new system at its Columbus, Ohio, fulfilment centre for the company's e-commerce division.
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COMMENT: Garment sector well-placed to sell sustainability
Tue, 09 Mar 2010 17:07:00 GMT
The garment industry's global supply network across developing countries gives it a key role to play in leading the push towards sustainability and eco-friendly production. But the sector must work as an industry with an industry-wide organisation and an industry-wide standard if it is to avoid the errors of compliance, believes David Birnbaum.
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US: Tommy Bahama launches baseball line
Tue, 09 Mar 2010 14:20:00 GMT
A new series of "Collector's Edition" Major League Baseball shirts has been launched by lifestyle apparel brand Tommy Bahama.
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US: Perry Ellis launches Top-Flite in Kmart
Tue, 09 Mar 2010 14:27:00 GMT
Perry Ellis International is launching a range of golf apparel under the Top-Flite brand at Kmart after signing an agreement with Sears Holdings Corporation.
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AUSTRALIA: AWI appoints McCullough as acting CEO
Tue, 09 Mar 2010 14:34:00 GMT
Stuart McCullough has been appointed as the acting CEO of Australian Wool Innovation as the organisation looks for a long-term replacement for Brenda McGahan.
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US: Target unveils Shaun White Shoes range
Tue, 09 Mar 2010 14:40:00 GMT
Retailer Target is poised to launch an exclusive collection of skate-inspired footwear under the Shaun White Shoes banner.
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INDONESIA: Billabong sued for $153m by ex-licensee
Tue, 09 Mar 2010 14:47:00 GMT
Australian surfwear brand Billabong International is being sued by its former Indonesian licensee, CV Bali Balance (CVBB), over allegations the termination of its licence in 2005 was invalid.
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CHINA: Suppliers to meet buyers at new sourcing shows
Tue, 09 Mar 2010 14:49:00 GMT
The organiser of the China Sourcing Fairs is adding a new Garments & Textiles show to its line-up, with the first events set to take place later this year in Hong Kong, Singapore, and Johannesburg in South Africa.
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BANGLADESH: Investors set up first metal button facility
Tue, 09 Mar 2010 14:50:00 GMT
A trio of investors from the US, Hong Kong and Bangladesh are setting up Bangladesh's first metal button and rivets factory to supply the country's $14bn garment export sector.
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BRAZIL: Retaliation planned over US cotton subsidies
Tue, 09 Mar 2010 12:35:00 GMT
Brazil is set to impose a 100% tariff on imports of US cotton in a series of retaliatory measures against US cotton subsidies, the country's government has announced.
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UK: Clothing sales drive retail recovery
Tue, 09 Mar 2010 12:54:00 GMT
Strong sales of clothing and footwear helped like-for-like UK retail sales to rise 2.2% during February, but experts remain cautious about longer-term trends.
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HONG KONG: New exhibitor area added to Fashion Access
Tue, 09 Mar 2010 12:56:00 GMT
A new exhibitor area called Total Look will be opened at this year's Fashion Access trade fair, being held at the Hong Kong Convention & Exhibition Centre from 29-31 March.
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US: Limited Brands amends credit deal
Tue, 09 Mar 2010 12:59:00 GMT
Limited Brands has announced an amendment and extension of the credit agreement it finalised just over a year ago.
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US: Payless launches latest toning shoe
Tue, 09 Mar 2010 11:53:00 GMT
US retailer Payless ShoeSource has released a new toning shoe by sports brand Champion, hot on the heels of a surge in demand for workout shoes.
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LITHUANIA: Sourcing boost at Baltic Textile + Leather fair
Mon, 08 Mar 2010 17:52:00 GMT
Textile and fashion industry professionals keen to explore business opportunities in the Baltic States might want to consider visiting the region's biggest apparel trade show later this year.
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ANALYSIS: Wal-Mart and M&S take green initiative
Mon, 08 Mar 2010 18:04:00 GMT
US retail giant Wal-Mart has joined Marks and Spencer (M&S) by launching a barrage of green commitments relating to suppliers and transportation.
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US: JoS A Bank continues "risk free" promotion
Mon, 08 Mar 2010 16:31:00 GMT
US suit retailer JoS A Bank Clothiers is to bring back its "risk free" promotion to refund the price of a suit or sportcoat if the purchaser loses his job.
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US: The Talbots promotes Kindler to EVP role
Mon, 08 Mar 2010 16:45:00 GMT
Apparel retailer The Talbots has announced the promotion of Lizanne Kindler to executive vice president, general merchandise manager.
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UK: Asda launches 100 day guarantee scheme
Mon, 08 Mar 2010 15:54:00 GMT
Asda, the supermarket chain that sells George branded clothes, has announced today a new scheme to offer shoppers a 100 day guarantee on garments.
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FRANCE: Lise Charmel eyes growth after investment
Mon, 08 Mar 2010 13:43:00 GMT
Top-of-the-range French lingerie brand Lise Charmel has opened its capital to CIC-Banque de Vizille in order to raise funds for revenue growth.
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UK: Green consultancy helps evaluate ethical sourcing
Mon, 08 Mar 2010 13:20:00 GMT
Textile testing specialist Shirley Technologies (STL) has launched a specialist 'green' consultancy service to help retailers and manufacturers evaluate the ethical potential of their sourcing or manufacturing processes.
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US: Cache books "disappointing" Q4
Mon, 08 Mar 2010 13:22:00 GMT
Women's wear retailer Cache Inc has booked a "disappointing" fourth quarter performance after impairment charges and markdowns pushed it to a loss of $1.2m.
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UK: Blacks continues restructuring amid takeover talk
Mon, 08 Mar 2010 13:23:00 GMT
Outdoor apparel retailer Blacks Leisure Group said it has not yet received a concrete takeover offer from leading shareholder Sports Direct.
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The week ahead on just-style...
Mon, 08 Mar 2010 11:42:00 GMT
Taking a look at the week ahead for the footwear and apparel industry, here is news editor Joe Ayling's snapshot of just-style's latest news and insights agenda.
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COMMENT: Retailers weather the storms in February
Fri, 05 Mar 2010 18:21:00 GMT
Despite fears that heavy snowstorms on the east coast of the United States would hurt February sales, the latest retail results released yesterday (4 March) suggest apparel shoppers refused to be put off by wintry weather.
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Global news roundup
Fri, 05 Mar 2010 18:55:00 GMT
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
Read the full article...
Top stories on just-style this week...
Fri, 05 Mar 2010 18:16:00 GMT
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.
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UK: Speedo "redefines" swimwear fit with Shapeline
Fri, 05 Mar 2010 15:41:00 GMT
Swimwear brand Speedo has launched what it describes as "the nearest thing to the made-to-measure swimsuit" after it tailored its new Shapeline range to different body shapes.
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EUROPE: Court backs EU tariffs on Chinese shoes
Fri, 05 Mar 2010 15:34:00 GMT
A European court has dismissed Chinese claims that a recent decision to impose anti-dumping duties on shoes from China and Vietnam was unfair.
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UK: Gieves & Hawkes chief executive quits
Fri, 05 Mar 2010 14:39:00 GMT
Steven Walton, chief executive of tailored clothing retailer Gieves & Hawkes, has quit his post and returned to Hong Kong, the company has confirmed.
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US: Fashion footwear sales down 3.5% - report
Fri, 05 Mar 2010 12:59:00 GMT
Fashion footwear sales in the US fell 3.5% last year to US$32.3bn - but the future looks promising, according to a new report from market research company NPD Group.
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SWITZERLAND: Brian Atwood to leave Bally shoe brand
Fri, 05 Mar 2010 14:41:00 GMT
Swiss shoe brand Bally International AG has parted company with its artistic director Brian Atwood.
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FRANCE: Lacemaker Desseilles in administration
Fri, 05 Mar 2010 14:48:00 GMT
Calais-based Desseilles, which makes lace used in lingerie and corsetry, has been placed under judicial administration by a commercial court in Boulogne-sur-Mer for a period of six months, following a sustained slump in orders.
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US: Target launches Liberty collection
Fri, 05 Mar 2010 12:18:00 GMT
US retail giant Target has unveiled Liberty of London for Target, an exclusive collection of fashion and homeware themed around the UK company's trademark bold floral prints.
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UK: Kim Winser named chairman of Agent Provocateur
Fri, 05 Mar 2010 12:20:00 GMT
Luxury lingerie retailer Agent Provocateur has named former Aquascutum chief executive Kim Winser as its new chairman.
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US: Brown Shoe goes green with Naya
Fri, 05 Mar 2010 12:28:00 GMT
Brown Shoe Company has introduced the Naya women's footwear range, designed to tap into the growing consumer appetite for "green" products.
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US: Gap to take part in denim recycling drive
Fri, 05 Mar 2010 12:46:00 GMT
Retailer Gap has signed up with Cotton Incorporated to launch a denim recycling drive in about 1,000 of the retailer's stores in North America and Puerto Rico.
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US: Reebok hits back in Finish Strong lawsuit
Thu, 04 Mar 2010 16:00:00 GMT
Reebok has hit back against claims of trademark infringement and deceptive trade practices put forward by rival sportswear company Finish Strong.
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US: Growing jobs and exports top Trade Policy Agenda
Thu, 04 Mar 2010 18:28:00 GMT
US Trade Representative Ron Kirk has reiterated that a combination of enforcing trade rules and accessing new markets is key to creating US jobs and doubling exports over the next five years.
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US: Nike and Cole Haan to ban exotic skins from shoes
Fri, 05 Mar 2010 12:03:00 GMT
Global sports giant Nike and its upmarket subsidiary Cole Haan have agreed to stop selling shoes and accessories that are made from exotic animal skins.
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US: Nike names Krane as new VP and general counsel
Thu, 04 Mar 2010 18:09:00 GMT
Nike has announced former Levi Strauss executive Hilary Krane as its new vice president and general counsel.
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US: Retailers' February 2010 sales roundup
Thu, 04 Mar 2010 18:04:00 GMT
The following is a general roundup of US apparel and shoe chains' February 2010 sales results. The list will be updated as new results become available.
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US: Gap same-store sales up 3% in February
Thu, 04 Mar 2010 16:29:00 GMT
Gap Inc has posted a 3% rise in February same-store sales, which the specialty clothing retailer says is proof it's goal to improve the top line is gaining traction.
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Textile Archive
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